Saving vs
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Questions and Answers

Which one of the following is true about saving and investing?

  • Saving is about increasing wealth, while investing is for emergencies.
  • Saving is for short-term goals, while investing is for long-term goals. (correct)
  • Saving and investing have the same level of risk.
  • Saving and investing are interchangeable terms.

    • Which one of the following is an example of a low-risk activity?

  • Driving a car (correct)
  • Flying on a plane
  • Investing in the stock market
  • Starting a business

    • Which one of the following is true about the liquidity of saving and investing?

  • Saving and investing have the same level of liquidity.
  • Liquidity doesn't matter in saving and investing.
  • Saving is more liquid than investing. (correct)
  • Investing is more liquid than saving.

    • Which one of the following is a long-term goal?

    <p>Investing for retirement</p> Signup and view all the answers

    Which one of the following is true about the risk and reward in finances?

    <p>Different levels of risk have different rewards or consequences.</p> Signup and view all the answers

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